Wednesday, November 23, 2005

 

Pension Reform's Sponsors Expect Passage by Year End

Sponsors of comprehensive pension-reform legislation in the U.S. House are optimistic their chamber will move quickly to reconcile and pass their bill before Congress breaks for the year, members said following the Nov. 16 passage of similar legislation by the U.S. Senate.

Rep. John Boehner, R-Ohio, who chairs the House Committee on Education and the Workforce, commended the Senate on its 97-2 vote to approve S.1783, the Pension Security and Transparency Act, adding in a statement that he expects the House to vote on his own measure — H.R. 2830, the Pension Protection Act — "when we return to session following the Thanksgiving holiday."

Pension Reform's Sponsors Expect Passage by Year End
Source: A.M. Best (subscription required)

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